HB1102 97TH GENERAL ASSEMBLY

LRB097 06148 HLH 46222 b

97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB1102

Introduced 02/07/11, by Rep. Dwight Kay

SYNOPSIS AS INTRODUCED:

35 ILCS 200/21-205

Amends the Property Tax Code. In a Section concerning tax sales, provides that collectors shall employ an automated billing system that is programmed to accept the lowest redemption price bid by a tax purchaser. Effective immediately.

FISCAL NOTE ACT MAY APPLY

HOME RULE NOTE ACT MAY APPLY

HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning revenue.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Property Tax Code is amended by changing Section 21-205 as follows:

(35 ILCS 200/21-205)

Sec. 21-205. Tax sale procedures. The collector, in person or by deputy, shall attend, on the day and in the place specified in the notice for the sale of property for taxes, and shall, between 9:00 a.m. and 4:00 p.m., or later at the collector's discretion, proceed to offer for sale, separately and in consecutive order, all property in the list on which the taxes, special assessments, interest or costs have not been paid. However, in any county with 3,000,000 or more inhabitants, the offer for sale shall be made between 8:00 a.m. and 8:00 p.m. The collector's office shall be kept open during all hours in which the sale is in progress. The sale shall be continued from day to day, until all property in the delinquent list has been offered for sale. However, any city, village or incorporated town interested in the collection of any tax or special assessment, may, in default of bidders, withdraw from collection the special assessment levied against any property by the corporate authorities of the city, village or incorporated town. In case of a withdrawal, there shall be no sale of that property on account of the delinquent special assessment thereon.

In every sale of property pursuant to the provisions of this Code, the collector shall employ an automated bidding system that is programmed to accept the lowest redemption price bid by a tax purchaser, subject to the penalty percentage limitation set forth in Section 21-215. All may employ any automated means that the collector deems appropriate, provided that bidders are required to personally attend the sale. The changes made by this amendatory Act of the 94th General Assembly are declarative of existing law.

(Source: P.A. 94-922, eff. 1-1-07.)

Section 99. Effective date. This Act takes effect upon becoming law.